SFGTV2: San Francisco Government Television
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Dec 5, 2012
12/12
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california became the leader in energy efficiency. we put in tax credits and policies of the public utilities commission to favor alternative energy, independent power production. which is obvious today. when they promoted code- generation it was something very novel. 30 years ago. now you have a different name for a period in his third party power production using power in a driving way to recapture the most efficient way. innovation is important. i have to also, every time we heard the word innovation, i have to put a plug in for tradition. i have a very traditional education. i spent a lot of years in silence speaking latin up in the hills, living within the medieval framework. i do respect the past. we study it. if you are grounded in tradition, you feel quite confident in change and innovation. if you are insecure, you are very reluctant to embrace the unknown. i do think we need to in our education and politics, we have to have a new appreciation for our traditions and the patterns that describe our culture and our being as amer
california became the leader in energy efficiency. we put in tax credits and policies of the public utilities commission to favor alternative energy, independent power production. which is obvious today. when they promoted code- generation it was something very novel. 30 years ago. now you have a different name for a period in his third party power production using power in a driving way to recapture the most efficient way. innovation is important. i have to also, every time we heard the word...
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Dec 8, 2012
12/12
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MSNBCW
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looking at real clean energy that's renewable energy. that doesn't make as much money as natural gas, right? it also doesn't open up the same kind of economic development benefits for folks when we talk about green jobs. like you said, it's all relative. that's an important point. >> this is also interesting. what the fracking boom is doing to the price of natural gas -- i think the idea is the price comes down and that's good for consumers and energy is cheaper. it's having a hot of knock-on effects, that dmin yags of price. >> it's a point worth making. it's true it takes place well below the water table. what you have is very slow dishe pergss and low concentrations and extended contact. we just don't know a lot about that. there's a big question mark there. >> yes, we do. yes, we do. >> some of it -- look, some of the things we know. we know some of the chemicals in there. >> they refuse it to -- >> here's an example of this. >> yes, we do. >> they pumped a mixture of chemicals in a half-dozen oil wells in texas in july. this is from
looking at real clean energy that's renewable energy. that doesn't make as much money as natural gas, right? it also doesn't open up the same kind of economic development benefits for folks when we talk about green jobs. like you said, it's all relative. that's an important point. >> this is also interesting. what the fracking boom is doing to the price of natural gas -- i think the idea is the price comes down and that's good for consumers and energy is cheaper. it's having a hot of...
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Dec 13, 2012
12/12
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FBC
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just because regulations will be a little bit more transparent coming forward and the energy sector has been a hot one. how will that play in 2013. my clients are not looking at tomorrow or next week, they're looking to second quarter next year. liz: that is smart. i know you're looking at oil as well, looking at the aftermarket down another dollar on top of the $20 closing. no help at all. history the dollar was so weak the dollar still cannot manage, but what is this about? >> i know you love and we dip. liz: i think it is fascinating to watch, which truly is. >> yesterday the dollar was lower, today the dollar is higher. the dollar was pretty strong today. i agree with him about it being sensitive, but i think there is uncertainty. we are not really doing anything. we are waiting for what is going to happen. liz: what about the rumors of hedge fund liquidation? that is basically what we have had the past couple of days read a real shock factor. something had to have happened. >> unfortunately i am not privy to that, but if i had a nickel every time i heard about it moving the market,
just because regulations will be a little bit more transparent coming forward and the energy sector has been a hot one. how will that play in 2013. my clients are not looking at tomorrow or next week, they're looking to second quarter next year. liz: that is smart. i know you're looking at oil as well, looking at the aftermarket down another dollar on top of the $20 closing. no help at all. history the dollar was so weak the dollar still cannot manage, but what is this about? >> i know...
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Dec 12, 2012
12/12
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CNBC
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committee's longer run objective, apart from the temporary variations that largely reflect fluctuations in energy prices. longer-term inflation expectations have remained stable. there was one dissenter to the policy changes announced today. jeffrey lacquer, who opposed the asset purchase program and the characterization of conditions under which an exceptionally low range of the fed funds rate will be appropriate. this is anton pearson reporting live from the treasury department. >> steve liesman, let's go to you. did i just hear -- and i may have heard this before, and you forgive me, i'm getting old, and i forget things. did i just hear an unemployment target tied to the fed funds rate? >> brian, you are getting old, but you did point that out correctly. >> fed rate tied to the unemployment rate. i did not hear that before. >> the fed has been talking about these economic targets for a long time. it was my expectation they were not ready to announce them. i read that wrong. they were obviously making more headway on that in the background. coming to an agreement, there was a whole bunch of peo
committee's longer run objective, apart from the temporary variations that largely reflect fluctuations in energy prices. longer-term inflation expectations have remained stable. there was one dissenter to the policy changes announced today. jeffrey lacquer, who opposed the asset purchase program and the characterization of conditions under which an exceptionally low range of the fed funds rate will be appropriate. this is anton pearson reporting live from the treasury department. >>...
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for an energy rich country, it pays the same as those in japan. liz: what would be the effect if this actually happened, if we started exporting if prices started to go up? >> at the end of the day the company will be fine. let the price of gas reaches the price of oil, then the investment that are on the books, $90 billion of other people's investment will disappear. that would be a tragedy in terms of job creation for this country. i don't think we should let that happen. liz: you cannot please all the people all the time, andrew. m exporting this research help the u.s. economy and help your customers in a better position to buy more of what you make? >> i would say to you, that is not a dow chemical conversation. that is a conversation for the country. if that does not get the right structure in this country, we will go to countries where we can and we do. liz: if they got approval, would you pull that texas investment. >> we can see exports coming out of this country off to a certain amount without affecting the price. one terminal does not cr
for an energy rich country, it pays the same as those in japan. liz: what would be the effect if this actually happened, if we started exporting if prices started to go up? >> at the end of the day the company will be fine. let the price of gas reaches the price of oil, then the investment that are on the books, $90 billion of other people's investment will disappear. that would be a tragedy in terms of job creation for this country. i don't think we should let that happen. liz: you...
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Dec 11, 2012
12/12
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FBC
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today you have some energy complex moving higher. natural gas not so much, but how closely tied our prices of natural gas and gasoline into what happened as far as a fiscal cliff is concerned in how people feel about the discretionary income they have an in the monen their wallets? >> the fiscal cliff stuff, i am on the sidelines. we are in a range. if you look at the volatility, we are at the lowest points of the year right here. has not been this year since last year. but 21%. that tells the a lot of people are on the sidelines. look at the range we have been in. everybody got excited. nobody got excited about calls. you have to look at the volatility, index, as far as relationship between the natural gas. liz: is the trade to sell at 90, by at 80? >> absolutely. but easier said than done. seems to be going forward to the end of the year, on the sidelines, see what happens with the fiscal cliff stuff. the frank.thing. a lot of those take place at the first of the year. it will be more expensive. having a lot of people on the sideli
today you have some energy complex moving higher. natural gas not so much, but how closely tied our prices of natural gas and gasoline into what happened as far as a fiscal cliff is concerned in how people feel about the discretionary income they have an in the monen their wallets? >> the fiscal cliff stuff, i am on the sidelines. we are in a range. if you look at the volatility, we are at the lowest points of the year right here. has not been this year since last year. but 21%. that...
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Dec 13, 2012
12/12
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joining me now is tyson slocum, director of public citizen's energy program. we have david kroetzr researcher in economic and climate change from the heritage foundation. welcome to both of you. what do you think about this. >> i think we definitely have a problem with a lack of adequate federal oversight of pipeline safety. we've got over half a million miles of transmission pipelines crisscrossing across the united states and only about 110 federal inspectors. we had a pipeline safety bill that passed congress and was signed into law by obama in 2011 but it didn't go nearly far enough in beefing up finances to hire more inspectors. to mandate the increased placement of shut-off valves that in case of an incident in a pipeline you could limit the damage. melissa: yeah. >> and also i think we have to reassess the focus over the last decade of looking at terrorism security and look more at maintenance and operations particularly --. melissa: that is interesting point. let me talk to you about the details of this one. it took place just before 1:00 p.m. >> sure.
joining me now is tyson slocum, director of public citizen's energy program. we have david kroetzr researcher in economic and climate change from the heritage foundation. welcome to both of you. what do you think about this. >> i think we definitely have a problem with a lack of adequate federal oversight of pipeline safety. we've got over half a million miles of transmission pipelines crisscrossing across the united states and only about 110 federal inspectors. we had a pipeline safety...
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Dec 10, 2012
12/12
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FOXNEWS
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. >> reporter: critics be dammed says governor jerry brown who backed solar energy no matter of cost or consequence. >> we are the people living with it for ever. we are opposed to it. >> reporter: riverside county is home to more molar energy than anywhere in the u.s. some call it a taxpayer rip off. >> they talk about all the huge jobs and long-term benefit to the county. we will be carrying the burden of having these types of facilities for decades to come. >> there isn't a single energy source in the united states that isn't subsidized right now. this is leveling the playing field for solar. the truth is that the cost for solar power is going consistently down. >> reporter: costs are dropping but solar is still up to five times more expensive than conventional energy and the plants pay millions in local property taxes while solar pays next to nothing. when riverside tried to impose an impact fee big solarued. >> this was an illegal tax. >> reporter: they have local environmen environmentalists on fire for bulldozing habitats and species. >> now we have seen acres of the desert bl
. >> reporter: critics be dammed says governor jerry brown who backed solar energy no matter of cost or consequence. >> we are the people living with it for ever. we are opposed to it. >> reporter: riverside county is home to more molar energy than anywhere in the u.s. some call it a taxpayer rip off. >> they talk about all the huge jobs and long-term benefit to the county. we will be carrying the burden of having these types of facilities for decades to come. >>...
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Dec 13, 2012
12/12
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>> you could do an energy policy. that's fiscal policy and create jobs. there are other things. >> the fed feels they are the only game in town, partly because fiscal policy's got to go the other way, and they are trying to keep the economy going with this expansion. is it a risky strategy? absolutely. >> yeah. >> and they don't want to say that they are nervous about it, but this is an experiment. they have never done this before. >> what do you want, buy technology? >> you know what? i think what you're seeing is bett performance going out the risk curve, okay? so early on you could make money buying treasuries because they rally. now we think they can't rally anymore. people moved into investment grade credit, right, safe assets. those yields are so far down so they are looking at riskier part of the curve. some of the high yields, we're being very picky. also remember systemic risk is going doubt. the possibility of your area falling apart with the ecb in the game right now. china, hard landing, so you've got worries about that so that's less downside
>> you could do an energy policy. that's fiscal policy and create jobs. there are other things. >> the fed feels they are the only game in town, partly because fiscal policy's got to go the other way, and they are trying to keep the economy going with this expansion. is it a risky strategy? absolutely. >> yeah. >> and they don't want to say that they are nervous about it, but this is an experiment. they have never done this before. >> what do you want, buy...
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Dec 12, 2012
12/12
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CNBC
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we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can -- that fracking can be just -- it's been done, by the way, i'm told, for 30 years. it can be done safely and rationally. some of the deep wells in the gulf, and it's certainly safer than sending hundreds of thousands of kids overseas to fight wars. so this could be -- it's safer than what? like that oil pipeline would have been safe in the alternative. we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational incr
we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can...
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Dec 12, 2012
12/12
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CSPAN
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we could go without access to energy sources -- open up access to energy sources. the new revenues must not be used for more spending and used to reduce the deficit. how we would lock that in my past experiments have been rather a failure, i do not have the solution to. it is important to note there are revenues that are acceptable to conservatives. that leads me to the other point. our long-term issue really is the spending issue. to the extent we have tax revenues low today, not because of the rates, because the economy is underperforming. the economy is quite weak right now. we should see much stronger growth and unemployment much lower. we want to see policies put in place that strengthen the economy and also begin to tackle this longer term spending issue we have driven primarily through entitlements. when it comes to those, there are a number of very broad, bipartisan support of the recommendations easily available to the president and speaker boehner and other leaders want to come together and get serious about making a down payment on our fiscal future. tha
we could go without access to energy sources -- open up access to energy sources. the new revenues must not be used for more spending and used to reduce the deficit. how we would lock that in my past experiments have been rather a failure, i do not have the solution to. it is important to note there are revenues that are acceptable to conservatives. that leads me to the other point. our long-term issue really is the spending issue. to the extent we have tax revenues low today, not because of...
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Dec 12, 2012
12/12
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chevron will do well as energy prices continue to ramp up. and if inflation continues to be the talk, and we are seeing that, i think you will see more. >> ty, over to you. >> thank you. the fed went on a shocker on the order of lindsay lohan saying she is staying home far month to bake cookies. we have more on ben bernanke coming up. that does if for "power lunch," ladies, gentlemen. thanks for watching. >>> welcome to a special edition of "street signs." we are minutes away from fed chairman's ben bernanke's news conference. there is a specific employment rate along with inflation target, there is a lot to talk about. let us bring in steve with more and the fed's outlook, steve? >> i think the story here today is federal reserve despite saying it will spend something like a trillion dollars in additional qe this year or next year is lowering its economic forecast. if you look at the outlook for 2012 through 2015, it actually lowered the outlook from its september forecast. take a look here. tenth off of 2012. tenth off of 13. 15 bases point
chevron will do well as energy prices continue to ramp up. and if inflation continues to be the talk, and we are seeing that, i think you will see more. >> ty, over to you. >> thank you. the fed went on a shocker on the order of lindsay lohan saying she is staying home far month to bake cookies. we have more on ben bernanke coming up. that does if for "power lunch," ladies, gentlemen. thanks for watching. >>> welcome to a special edition of "street...
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Dec 12, 2012
12/12
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she's been a great leader for her dict and someone who has stepped up when it comes to energy issues in the ohio delegation, specifically on re-enriching uranium. our navy relies on uranium and jean made it a point to fight for a domestic source to power aircraft carriers and submarines. without a reliable source of fuel, the navy wouldn't be able to protect the homeland or fight abroad but not only that, jean has been a voice of fiscal responsibility in her time in congress and i wish her the best going forward. my colleague betty sutton, i want to thank her for her service to ohio and the nation. we had a hard fought and extremely competitive campaign. throughout it, she maintained a level of professionalism and integrity not often seen in american politics. i want to thank her for her service and i wish her the best of work with her future endeavors. last but not least, my friend steve latourette who has been a friend, a guide, a trusted confidant and someone who i have looked to as a mentor. he and i both strongly supported a couple of issues, development of fuel cell technology
she's been a great leader for her dict and someone who has stepped up when it comes to energy issues in the ohio delegation, specifically on re-enriching uranium. our navy relies on uranium and jean made it a point to fight for a domestic source to power aircraft carriers and submarines. without a reliable source of fuel, the navy wouldn't be able to protect the homeland or fight abroad but not only that, jean has been a voice of fiscal responsibility in her time in congress and i wish her the...
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Dec 11, 2012
12/12
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i'm older and i have less energy. so that makes it harder. >> and tell us something about the obama white house that we don't know. >> what does obama think of mitt romney? what does he really think? and i think he feels that romney is incompetent because he didn't run a better campaign. and i suspect that one of the themes in all the coverage of the campaign is going to be romney never found a way to -- either the method or the theme of how to run against obama. whereas they thought it was going to be easy. >> we're about to give the hook here. what is the one thing you would like to know about president obama that you don't? >> oh, i did ask him this. i didn't put it in the book. he keeps a diary. and so i'd like to have access. [laughter] >> assume that's for -- >> do you keep a diary? yes. not on all this detailed kind of -- let's see it. so that's going to -- i'm sure he will write a really interesting memoir. >> what did he tell you about the diary? >> that it existed. no detail. he didn't offer any of it or rea
i'm older and i have less energy. so that makes it harder. >> and tell us something about the obama white house that we don't know. >> what does obama think of mitt romney? what does he really think? and i think he feels that romney is incompetent because he didn't run a better campaign. and i suspect that one of the themes in all the coverage of the campaign is going to be romney never found a way to -- either the method or the theme of how to run against obama. whereas they...
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Dec 13, 2012
12/12
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FBC
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ashley: your company, you say in your notes, you like energy xx1 to deliver twice the energy and then some of the has government regulations slowed you down in that effort? >> you know, i think coming out of the moratorium it definitely slowed us down but now that we all understand the regs and everybody has gotten used to dealing with it, and day-to-day activities it is fairly mundane and things are going about and we're able to do our business. ashley: we talk about energy independence. will that ever happen? we're getting closer and closer it that, john? is that a good thing? it would appear to be but i can't imagine saudi arabia would be very happy about it. >> yeah. i think, you know, i think you've got to remember that people like to talk about america and forget about the rest of the world. america is going to make some great headways. the developing nations have actually declined on their oil consumption since 2007 by about 6 million barrels. but the developing nations around the world are up 10 million barrels, hence the increase in demand. i think in the u.s. we have a legit
ashley: your company, you say in your notes, you like energy xx1 to deliver twice the energy and then some of the has government regulations slowed you down in that effort? >> you know, i think coming out of the moratorium it definitely slowed us down but now that we all understand the regs and everybody has gotten used to dealing with it, and day-to-day activities it is fairly mundane and things are going about and we're able to do our business. ashley: we talk about energy independence....
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Dec 6, 2012
12/12
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CNBC
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. >>> enough energy from wind to power the entire many times over? it is not the latest sci-fi flick. some experts say it is a real possibility but the industry faces a possible setback. its controversial tax credit could go over the fiscal cliff. >> when swind placed on the surface of the earth, you can get something like 20 times the amount of power that civilization now uses. >> reporter: ken caldera authored a new study that claims wind is the way. >> the wind you can't power civilization on wind today has to do with economics and engineering. >> reporter: he points for history. >> one of the reasons why fossil fuels are cheap is that they have received large subsidies from the federal government. >> reporter: right now wind power gets a subsidy, too. $1 billion a year from uncle sam. but that could vanish december 31st when the country hits the fiscal cliff. to caldera, that's the short-run risk. in the long run, he sees a clear, if not political pristine, path to more reliance on wind power. >> i think we'll eventually get to the point where we
. >>> enough energy from wind to power the entire many times over? it is not the latest sci-fi flick. some experts say it is a real possibility but the industry faces a possible setback. its controversial tax credit could go over the fiscal cliff. >> when swind placed on the surface of the earth, you can get something like 20 times the amount of power that civilization now uses. >> reporter: ken caldera authored a new study that claims wind is the way. >> the wind you...
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Dec 8, 2012
12/12
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CNNW
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we have an energy boom going on, low energy prices. we have manufacturing output increasing in this country. we have the housing boom with low interest rates to stay for a couple of yearses. is there enough that could happen that could offset what's going on in washington? can we grow our way out of this? >> we can't ignore them. if they blow it, there is nothing we can do. the risks are becoming more balanced where things like the housing recovery, consumer debt coming down are starting to offer the possibility where growth might be stronger although it could be lower. it's more balanced. i think they will strike a deal. they may go after january 1 so the republicans can say taxes went up. now we're cutting taxes though they give in on the tax cuts for the 2%. >> stay where you are. the unemployment rate is at its lowest point since december of 2008. after the break we'll tell you why it is not as good as it looks. [ nyquil bottle ] you know i relieve coughs, sneezing, fevers... [ tylenol bottle ] me too! and nasal co [ tissue box ] h
we have an energy boom going on, low energy prices. we have manufacturing output increasing in this country. we have the housing boom with low interest rates to stay for a couple of yearses. is there enough that could happen that could offset what's going on in washington? can we grow our way out of this? >> we can't ignore them. if they blow it, there is nothing we can do. the risks are becoming more balanced where things like the housing recovery, consumer debt coming down are starting...
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Dec 5, 2012
12/12
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CNBC
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freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and gold holdings are at record levels. back to you. >> thank you very much, sharon. >>> let's get the trading action here. bob pisani is back with me. we were up 131 points. some news flashes out of washington about possible sequestration spending cuts from the omb. basically took the market off ifts best levels. held hostage again. >> we've got to get some action. if we don't see action we'll threaten sequestration. we did move up earlier in the day. there were very vague rumors that some republicans might be willing to break ranks and accept taxes for the wealthy, higher taxes for the wealthy. that o
freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and...
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Dec 12, 2012
12/12
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CNBC
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fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know, of course, you can't get down to what those 18,000 employers would really say now because some still have demand and some would be less impacted and more impacted. we look at our clients and what they are trying to do right now. 27% in this survey said there would be no change, and the reason this number is high and higher than we've seen, they are holding their hands tight. okay. what do i do? don't know what to do, but we're hearing also, you know what, as your previous guest said if i had some certainty i would feel a little bit better about hiring some people and adding that cost on and until we get t
fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know,...
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Dec 6, 2012
12/12
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CNBC
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listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today. here's the deal. i was there early on, i was wrong. down 6% is not bad but there is a lot worse just a couple weeks ago when it was down 12% from where i bought it. so it's recovering. >> you like it? >> i do like it. i own it still. i have shaved part of my position but i still own most of it. i went wrong thinking nat gas would help it more than it did. nat gas is only 20% of the company. other 80% is coal and i hate coal so i shouldn't have done it. i think the news in nat gas today is good news in potentially opening up for sale lng. >>> let's see what seema mody's working on? >> tons of special dividends bein
listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today....
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Dec 10, 2012
12/12
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CURRENT
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as i mentioned just before the break here, tan yellow stone who covers energy and environmental issues for national geographic graphic on a very interesting mission to california to look for new innovations in california and for agriculture, transportation and housing and energy, a all kind of different areas. he is up early on the west coast in the santa cruz, california. daniel stone, good morning. >> good morning, sir. it's not so early. >> bill: you are in santa cruz. you know the pot heads are up all night long. >> that's true. when in rome. right? >> peter: really? how committed to that are you? >> not entirely >> bill: you are on the kind of final swing of this tour? dan: i have been on the road for almost two weekends here i started in san diego went all the way up to the oregon border. now, i am heading down the coast. >> bill: up in eureka? up in that area? dan: redding shasta county and drove to the coast and now past san francisopen, pala alto and santa cruz on my way to l a. >> bill: i know you have been looking at lots of different projects. i have been reading some of yo
as i mentioned just before the break here, tan yellow stone who covers energy and environmental issues for national geographic graphic on a very interesting mission to california to look for new innovations in california and for agriculture, transportation and housing and energy, a all kind of different areas. he is up early on the west coast in the santa cruz, california. daniel stone, good morning. >> good morning, sir. it's not so early. >> bill: you are in santa cruz. you know...
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Dec 7, 2012
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energy stocks okay. tech, materials a tough week to the downside, weighed down by apple which lost about $50 so far this week. financials were the big gainers. big comments this week about job layoffs but most of those big names were up again today. these stocks have turned around here. bank of america now well north of $10. home builders having a very rare down week. but up a little bit here today. i anticipate 30% increase in orders next week. kb home also to the up side. horton announces a dividend acceleration earlier today. finally noting here, courtney just mentioned apple and there you see apple down -- apple was $585 at the start of the week. that's $50 off of apple this week. >> the dow is higher today. we'll go up town in a moment to the nasdaq and seema. could you imagine what the dow would be doing this week if the apple were in it? the dow is a price weighted index. >> that's why it would not be in it. they'll have to do some kind of split of apple to put it in there. $600 -- >> can you imag
energy stocks okay. tech, materials a tough week to the downside, weighed down by apple which lost about $50 so far this week. financials were the big gainers. big comments this week about job layoffs but most of those big names were up again today. these stocks have turned around here. bank of america now well north of $10. home builders having a very rare down week. but up a little bit here today. i anticipate 30% increase in orders next week. kb home also to the up side. horton announces a...
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Dec 5, 2012
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marley's mellow mood is a 100 anti-energy drink . finally the ugly, jurassic park come to life in ohio? as you can see unsuspecting folks got the surprise of their lives when a fake t-rex popped at them. it was pulled off by two local comedians. >> santa making a special flight to deliver toys to those left devastated by those hurt by hurricane sandy. he got help. >> santa hitching a ride abord blue angel support plane fat albert. there are no aerobatics. the pilot said it is in keeping of show casing the nave yemarines. >> we get to go all over the world and help people out. it is special to come to our back yard and our neighborhoods and do the same thing for our folks . bringing toys to kids can't get better than that. >> the aircraft is the military equivalent of santa's sleigh. these toys are heading to new jersey to lift of the spirits of chdren affected by hurricane sandy. >> i like the military and everything. it was awesome meeting everybody and talking to everybody and also getting the presents. >> his father is a volunteer
marley's mellow mood is a 100 anti-energy drink . finally the ugly, jurassic park come to life in ohio? as you can see unsuspecting folks got the surprise of their lives when a fake t-rex popped at them. it was pulled off by two local comedians. >> santa making a special flight to deliver toys to those left devastated by those hurt by hurricane sandy. he got help. >> santa hitching a ride abord blue angel support plane fat albert. there are no aerobatics. the pilot said it is in...
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Dec 7, 2012
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it sits on four tetonic plants on top of each other releasing massive amount of energy. the place is hit by 20% of the world's earthquake with magnitude six or higher. if we get more details we'll bring them to you here on "america's newsroom". martha: we'll talk about the jobs number that came in this morning. this is the november number. down to 7.7%. that is the lowest number we've seen since december of 2008. but the internal numbers look like this. the labor department says that 350,000 people dropped out of the workforce and stuart varney feels that number is very significant. he joins me now. host of "varney & company". good morning, stuart. >> morning martha. bill:. martha: talk to me about both those numbers. >> that 7.7% rate first announced that was a surprise. it had not been expected to go down. then you dig within the numbers you come up with that very important number, 350,000. that is by how many people the labor force shrank, contracted. when you take out 350,000 from the total workforce, then you do get the unemployment rate coming down. so that number,
it sits on four tetonic plants on top of each other releasing massive amount of energy. the place is hit by 20% of the world's earthquake with magnitude six or higher. if we get more details we'll bring them to you here on "america's newsroom". martha: we'll talk about the jobs number that came in this morning. this is the november number. down to 7.7%. that is the lowest number we've seen since december of 2008. but the internal numbers look like this. the labor department says that...
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Dec 12, 2012
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we could be energy independent by 2020. the innovation is coming from our business owners in this state and across the country. the more we can do to use that, the better off we will be for it. oklahoma has been second in job growth since the governor has been in office. we are one of the lowest states of unemployment. we have had the fourth highest in capital income. we feel like the things we have been doing in office are producing the results. the fiscal cliff will have devastating effects on that. it was unsustainable for us to carry on the costs without facing major cuts in education and transportation and public safety. the aerospace and defense industry and our state are looking at 16,000 jobs if we go off the cliff and sequestration occurs. we do have some good things that are happening. some other things that are potentially not so good. >> one quick follow-up. what did detroit say? >> absolutely. we put it out there. i am not the expert. we have a half-ton truck out there now. we are looking at a three- quarters t
we could be energy independent by 2020. the innovation is coming from our business owners in this state and across the country. the more we can do to use that, the better off we will be for it. oklahoma has been second in job growth since the governor has been in office. we are one of the lowest states of unemployment. we have had the fourth highest in capital income. we feel like the things we have been doing in office are producing the results. the fiscal cliff will have devastating effects...
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the energy and personal commitment made the country a more hopeful place. she will be missed by many. dame elizabeth murdock survived by 77 direct dekren dents, 50 great grandchildren and six great, great grandchildren. she was 103 years old. >> bret: now fresh pickingsings from the political grapevine. they voted for president obama, there overwhelmingly. but near bankrupt detroit is not yet getting a bail-out. councilwoman joanne watson does not like that one bit. >> the election, calling out senator young. to washington, d. he came back home with some bacon. that is what you do. that's what you do. overwhelmingly supporting the re-election of this president and there ought to be quid pro quo and you ought to exercise leadership on that. of course not just that, but why not? >> bret: the detroit free press called this type of thinking, "city government remains stuck in an alternative universe -- alternate universe of denial and daydream." adding "it may be time to pray to a higher power for government sanity." president obama's uncle is getting a new depo
the energy and personal commitment made the country a more hopeful place. she will be missed by many. dame elizabeth murdock survived by 77 direct dekren dents, 50 great grandchildren and six great, great grandchildren. she was 103 years old. >> bret: now fresh pickingsings from the political grapevine. they voted for president obama, there overwhelmingly. but near bankrupt detroit is not yet getting a bail-out. councilwoman joanne watson does not like that one bit. >> the election,...
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Dec 6, 2012
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i didn't want to bring this up, even though doing so would raise energy prices. the report is expected to help shape the obama administration response to more than a dozen proposed pet projects. >> it's because it helps the economy and really helps the economy. >> you are a huge block, you're standing in the way of it. >> i've changed my mind about a month and a half, i got beat up by jack i think. >> by a lot of people. >> i still think there is an argument to be add that if you'relogical looking for energy independents you would keep some of the stuff here but i understand if you're looking at it from the prism of jobs this is something you want to tackle. >> we're a free trade country and part of it is you don't make a rule that says why can't regoing to say the food companies can't sell, can't export. you got to be willing to permit exports especially when as in the case here there aren't many things where the american price is a fifth of the world price. that's a huge opportunity. >> there was one line and i just want to throw it out to you that said they we
i didn't want to bring this up, even though doing so would raise energy prices. the report is expected to help shape the obama administration response to more than a dozen proposed pet projects. >> it's because it helps the economy and really helps the economy. >> you are a huge block, you're standing in the way of it. >> i've changed my mind about a month and a half, i got beat up by jack i think. >> by a lot of people. >> i still think there is an argument to be...
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Dec 8, 2012
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it is medical research, research on new energy sources. entrepreneurs come out of these kinds of advances where we see basic research funded by the government that we take for granted. if we keep cutting that and not being sure about it, even r&d tax credits. doing them retroactively benefits companies that we are doing it anyway or took a chance. we have to make it permanent. we have to say, this is something you can count on. we have to figure out how to do it. >> on entitlements, from a democratic side, in 1969, the federal government keeps track of the total share of spending that goes into investment in research and development, infrastructure, education, and training. 31.2% of the federal government was devoted to investment. 31.2% were payment to individuals. today, 50.6% of the government is investment and payment to individuals -- double what it was. from a democratic perspective, can you sustain the programs that democrats see as critical for investing in the next generation without finding ways in a graying society to control th
it is medical research, research on new energy sources. entrepreneurs come out of these kinds of advances where we see basic research funded by the government that we take for granted. if we keep cutting that and not being sure about it, even r&d tax credits. doing them retroactively benefits companies that we are doing it anyway or took a chance. we have to make it permanent. we have to say, this is something you can count on. we have to figure out how to do it. >> on entitlements,...
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Dec 8, 2012
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needs new energy. it needs branding help. heck, we have a lot of issues resolve amongst ourselves before we even from a hope of rebuilding the movement to appeal to new generations of voters. of course, libertarians and social conservatives are probably never going abortion and gay marriage. they must find a way to agree on other critical issues. republican con sis tans on globalization, immigration reform, the china threat or middle east policy. conservatives couldn't even agree on sensible steps on healthcare reform other than to repeal obama care. the republican party will continue to be adrift unless conservatives, still the most influential group within the party have a clear sense of what they stand for and what policies will best serve their cause and the nation's. so beyond the fiscal cliff resolution, we need to find better messengers, better candidates who are also media and tech savvy. whatever our differences, we can all agree as conservatives on a philosophy grounded in limited government, the free market and the
needs new energy. it needs branding help. heck, we have a lot of issues resolve amongst ourselves before we even from a hope of rebuilding the movement to appeal to new generations of voters. of course, libertarians and social conservatives are probably never going abortion and gay marriage. they must find a way to agree on other critical issues. republican con sis tans on globalization, immigration reform, the china threat or middle east policy. conservatives couldn't even agree on sensible...
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Dec 12, 2012
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industrials, materials, all of your energy stocks. all are kind of moving to the upside today. here is the problem. the bond mark set scared to death of the inflation implications of what the fed is doing today. so if you look at bond yields you will see a big move up in bond yields. if you look at the dollar, the dollar weakened because of course, stimulus means of course cheaper dollar over all. there is a real tug-of-war going on between the stock and bond market. >> we were talking earlier that bond market sees there is a finish line. once we have numbers pegged, they say, rates aren't going to be low forever. if the bond market sees unemployment at 6% or 6.99%, you have seen sell off today. >> when do we get to 2.5% inflation, that's a squishy number. 6.5% he employment, when are projections at 2.5. >> to michael's point though, you don't want it wait until you get to 6.5%. if you have been in this bond market with all those other people that have been in this bond market for a long time, you don't want to be the last guy out of door, you want to be the first guy out of do
industrials, materials, all of your energy stocks. all are kind of moving to the upside today. here is the problem. the bond mark set scared to death of the inflation implications of what the fed is doing today. so if you look at bond yields you will see a big move up in bond yields. if you look at the dollar, the dollar weakened because of course, stimulus means of course cheaper dollar over all. there is a real tug-of-war going on between the stock and bond market. >> we were talking...
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. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax multi-tool starter kit and get a free head attachment. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now
. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax...
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Dec 5, 2012
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energy stocks having a pretty good day. s&p is also up about seven points trading right now at 1,414. the nasdaq remains the laggard of the day. what an interesting day there it's been not only at nasdaq marketsite but an ipo that couldn't get out of the blocks. certainly what's taking place with shares of apple? let's throw up apple right here. the nasdaq rebounding a bit but apple shares having their worst day in about a year. a significant loss for that stock. $24-plus for shares of apple in the losing column today. let's hit the biggest "pops & drops" in midday trading. hp. it's popping. >> yeah. this company was the victim of hate bashing party a couple of weeks ago on the autonomy acquisition. i think it was the sentiment low in the stock. it's up here. i prefer dell over hp though. >> waste management. >> if you're looking for a pe that is appetizing, it is a 15-year. dividend is 4.4%. goldman sachs actually cleaning dawn in the trash area from conviction buy on one of the names also lifted this thing as well. >> ver
energy stocks having a pretty good day. s&p is also up about seven points trading right now at 1,414. the nasdaq remains the laggard of the day. what an interesting day there it's been not only at nasdaq marketsite but an ipo that couldn't get out of the blocks. certainly what's taking place with shares of apple? let's throw up apple right here. the nasdaq rebounding a bit but apple shares having their worst day in about a year. a significant loss for that stock. $24-plus for shares of...
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Dec 6, 2012
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energy is a wild card next year. that's what we should be allocating. >> rick, if we go over the fiscal cliff, you have to believe there will be a lot of hoarding of assets, sitting on money. maybe we get more action and fixed income. >> i think what nobody is talking about, you with allude to it constantly, and i'm in your camp. the damage is done. it's evident by many of these reports. even if they come up with a 13th hour settlement, even if they come up with good reform, some of the adjustments that have already been made or have been in the process of being made have already done a lot of damage that we didn't need. we already shot ourselves in the foot on this one. in terms of housing, you know, the shadow inventory that's been tied up in litigation, we could see as many as 20 million of those come on the market in 2013. even though i agree with the guest, there's a lot of different forms of the housing market. some of them are going to be under pressure due to this avalanche of shadowed foreclosure in 2013. >>
energy is a wild card next year. that's what we should be allocating. >> rick, if we go over the fiscal cliff, you have to believe there will be a lot of hoarding of assets, sitting on money. maybe we get more action and fixed income. >> i think what nobody is talking about, you with allude to it constantly, and i'm in your camp. the damage is done. it's evident by many of these reports. even if they come up with a 13th hour settlement, even if they come up with good reform, some of...
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Dec 11, 2012
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he plans to invest $15 million and that could affect other investors who are worried about the clean energy business. >>> they will consider scrap metal thefts and they will create stricter standards by requiring them to renew their permits more often. they hope to discourage scrap buyers but critics say it unfairly targets those in the county instead of going after the thieves. >>> the sonoma marin rail district asked for money to buy additional cars. that will allow them to run passenger trains at half hour intervals. >> sal is back. what is the latest on this cliff rescue? >>> we found out one person was seriously injured when the driver of an suv went over the side and we are trying to get that car out and we do have a tow truck with a long table trying to get this car off the cliff. chp is there, this is on 35 skyline on john daily boulevard and a good alternate would be to use a different way to get through. you can use lake merced and just stay away from this area even though they are letting some cars go through, they will temporarily close it when they get the suv off the side and
he plans to invest $15 million and that could affect other investors who are worried about the clean energy business. >>> they will consider scrap metal thefts and they will create stricter standards by requiring them to renew their permits more often. they hope to discourage scrap buyers but critics say it unfairly targets those in the county instead of going after the thieves. >>> the sonoma marin rail district asked for money to buy additional cars. that will allow them to...
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Dec 11, 2012
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what it will do is sort out winners from losers and allow investors to focus energy and money. the market wants to go higher at this point. >> dan, i'll tell you what market should go higher in all of this, u.s. treasury market, if spending goes down and tax grab from the taxpayers going up, ie, government revenue, shouldn't that boost u.s. treasuries? >> boost prices? >> why not? >> certainly to the extent austerity is more vicious -- >> and the dollar. >> than is currently modelled, that would be optimistic for treasury market and currency market. listen, at the end of the day, this whole idea of the fiscal cliff, they are going to figure this out and kick the can down the road and give themselves nine months or a year to figure this out. it's not going -- this is not going to stick. is just simply not. >> dan, here is the problem. if they wait until fourth of july to get this done -- how long is the can? call it mamp when they get a deal done. if you don't know what your tax rate is going to be for 2013 and you're waiting for congress to make a deal, you're not going to spen
what it will do is sort out winners from losers and allow investors to focus energy and money. the market wants to go higher at this point. >> dan, i'll tell you what market should go higher in all of this, u.s. treasury market, if spending goes down and tax grab from the taxpayers going up, ie, government revenue, shouldn't that boost u.s. treasuries? >> boost prices? >> why not? >> certainly to the extent austerity is more vicious -- >> and the dollar. >>...
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Dec 10, 2012
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energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have facilities with robots it's just as cheap orrer than a robot in shin sheng. you wait a minute how come you're so wrong, china hasn't collapsed. >> i said it would occur in a decade, but you see the problems there, the economy is stumping and the central government is eroding and china people are taking to the streets. so, the wheels are coming off china. >> you're going to be right eventually. >> soon. stuart: within the next two years? >> maybe sooner than that. stuart: very interesting, gor n gordonment thanks as always. it's 9:29 almos
energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have...
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Dec 12, 2012
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joefrgs in the energy space. petrochina spending $1.6 billion for bhp's minority stake in a controversial play. the brows project on the northwest coast has drawn criticism from land and environmental group and raised eyebrows with its expensive price tag. petrochina is looking to boost overseas production and earmarked $16 billion toward that plan. >>> singapore airlines' shares closing up today, around 1%. this after selling its 49% stake in virgin atlantic and delta for $360 million. s.a. had bought the stake in 1999 for close to a billion dollars. it's been looking to sell since mid 2011. and s.a.'s spokesman told cnbc the partnership wasn't the best fit. >> the synergies we hoped for never fully materialized. there's a reason that we're selling. we found a willing buyer in delta. and -- there was -- it was seen as, you know, we shouldn't continue holding on to it if those synergies were not there and if it wasn't performing it our expectations. >>> germany's biggest public sector union verde says it's lookin
joefrgs in the energy space. petrochina spending $1.6 billion for bhp's minority stake in a controversial play. the brows project on the northwest coast has drawn criticism from land and environmental group and raised eyebrows with its expensive price tag. petrochina is looking to boost overseas production and earmarked $16 billion toward that plan. >>> singapore airlines' shares closing up today, around 1%. this after selling its 49% stake in virgin atlantic and delta for $360...
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the cheap energy and consistent energy in our country is remarkable. it is why -- >> stock's up 85% this year. >> they are coining money, david, i know you can say they are late with that but you get these major industrial companies taking advantage of lower energy costs in this country. it is a win for the american people. i'm try to be upbeat in the face of washington pulling us down every single day. >> upbeat tonight on "mad money," 6 and 11? >> brigs and stratton, machinery company. i got to tell you, i use a briggs and stratton energy to be able to power my house during the power outage. see you back here to >> all right, buddy. >> 6.5, the magic number, how let fed says the rate of unemployment has to get to before it even thinks about raising rates. what if we don't get there? we will explore what's at stake for your money. keep it here. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what t
the cheap energy and consistent energy in our country is remarkable. it is why -- >> stock's up 85% this year. >> they are coining money, david, i know you can say they are late with that but you get these major industrial companies taking advantage of lower energy costs in this country. it is a win for the american people. i'm try to be upbeat in the face of washington pulling us down every single day. >> upbeat tonight on "mad money," 6 and 11? >> brigs and...
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Dec 6, 2012
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one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> for the first time in a week president obama and speaker boehner talked about the fiscal cliff. it was by phone. both sides agreed that they would not talk about the details. what we do know is that it has not led yet to any major breakthroughs. we want to get to congressman steve latourette, republican from the state of ohio. he is leaving congress, decided not to run for re-election, citing gridlock as a big reason why. we appreciate your time with us this morning. >> thank you. >> can we start with syria first before we get to the fiscal cliff? we know that there's this red line that hillary clinton has talked about. but nbc
one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> for the first time in a week president obama and speaker...
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working on new technologies and new energies to have a robust economy. we're not going to grow more than 2%, which is current growth rate unless we innovate more. that will require entrepreneurs. we will not get unemployment down significantly below 8% unless we innovate more. as mark said at the beginning, almost all of the net jobs in the last 30 years have been created by young, high-growth companies so this is the place to focus. >> right here. second row. >> thank you. my name is ed bell from alexandria. i'm proud father of a fourth year at president sullivan's fine institution. the topic i have on my mind is at an intersection of the areas of interest of our fine panelists and that is online education. keck tivety, -- connectivity, internet, greater trend towards access education, making the great institutions that we have in this country available to people throughout our country and throughout the world either inexpensively or in many cases for free. and this creates in some sense a competitive landscape force across the world where we're actuall
working on new technologies and new energies to have a robust economy. we're not going to grow more than 2%, which is current growth rate unless we innovate more. that will require entrepreneurs. we will not get unemployment down significantly below 8% unless we innovate more. as mark said at the beginning, almost all of the net jobs in the last 30 years have been created by young, high-growth companies so this is the place to focus. >> right here. second row. >> thank you. my name...
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meanwhile apart from temporary fluctuations a largely reflected swings in energy prices it's likely to run at or below the federal markets to present objective in the coming quarters and over the longer term. against the macroeconomic backdrop of higher unemployment and subdued inflation the -- the committee took several steps, first it decided to continue his purchases of agency mortgage-backed securities initiated at the september meeting at a pace of $40 billion per month. second, the committee decided to purchase longer-term treasury securities initially at a pace of $45 billion per month after a skirt program to extend the average maturity withholdings is completed at the end of the year. and continuing its asset purchases the committee seeks to maintain downward pressure on longer-term interest rates and the financial -- thereby promoting hiring and economic growth while ensuring that inflation over time is close to her to present objective. finally the committee today also modified its future rate policy to provide more information to the public about how it reacts revolving eco
meanwhile apart from temporary fluctuations a largely reflected swings in energy prices it's likely to run at or below the federal markets to present objective in the coming quarters and over the longer term. against the macroeconomic backdrop of higher unemployment and subdued inflation the -- the committee took several steps, first it decided to continue his purchases of agency mortgage-backed securities initiated at the september meeting at a pace of $40 billion per month. second, the...
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depressing about the fiscal cliff plan, we will change the tax code, change this, a tax on gas to help the energy industry, all this stuff has receded into the mist and all we're trying to do is get a deal and be done with this. it is sad. in the beginning of a second term, you should be trying to do big things. >> politics often gets in the way. these guys agree behind closed doors what should be done but nobody wants to step out on the ledge and say it publicly. >> right. you have a polarized congress. at this point, both sides think the other side is not on the level and they're interested in taking the partisan political position than accomplishing a bipartisan result. the good thing is high skilled immigrants. hard not to find someone on both sides that don't think you should allow folks that have expertise in science and technology into the country. instead of doing it, both sides use it as a lever in the immigration debate and keeps getting spooled up inside that debate and nothing gets done. >> haven't the republicans been passing it through the house and democrats won't take it up in the
depressing about the fiscal cliff plan, we will change the tax code, change this, a tax on gas to help the energy industry, all this stuff has receded into the mist and all we're trying to do is get a deal and be done with this. it is sad. in the beginning of a second term, you should be trying to do big things. >> politics often gets in the way. these guys agree behind closed doors what should be done but nobody wants to step out on the ledge and say it publicly. >> right. you have...
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public using grass rights networks to get support for them, whether that's immigration reform or maybe energy reform. he has to keep some out of the progressive network intact. the election and recent polling shows that the tide of public opinion is turning on marriage equality. something assistant democratic leader dick durbin articulated yesterday. >> marriage equality is part of america's future, and we saw that in state after state in the last election. the supreme court will take up the issue, and i hope that they understand as most of us do that this is part of our future. marriage equality and the equal treatment of people who have made this decision is part of what america is all about. >> will the supreme court seize the momentum? we will look at the high court's upcoming decision on same-sex marriage. that's next on "now." [ female announcer ] born from the sweet monk fruit, something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. new nectresse. oh, let me guess --o
public using grass rights networks to get support for them, whether that's immigration reform or maybe energy reform. he has to keep some out of the progressive network intact. the election and recent polling shows that the tide of public opinion is turning on marriage equality. something assistant democratic leader dick durbin articulated yesterday. >> marriage equality is part of america's future, and we saw that in state after state in the last election. the supreme court will take up...
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[laughter] console, energy and qt production company have submitted multimillion dollar bids to drill for natural gas and oil on land surrounding pittsburgh international airport. the drilling revenue would reduce gate fees which could lead to cheaper flights. pan tone which -- named emerald as 2013's color of the year. the time has come, and that's today's speed read. liz: emerald green. the parent company of the toronto stock exchange is joining forces with the maple group in a move that is enabling the company to expand it product offerings. david: tom kloet is the see crow of -- ceo of tmx group. what a pleasure to see you. you're an american, by the way. >> i am. david: they brought in an outsider. there are a lot of similarities between canada and the u.s. but some very distinct differences, and one of them involves the markets. you are the main equity and clearing facility. you have everything in one shopp right? >> we also own and operate the country's futures and options market as well as and its clearinghouse. david: must make it a lot easier to see what's going on in the wh
[laughter] console, energy and qt production company have submitted multimillion dollar bids to drill for natural gas and oil on land surrounding pittsburgh international airport. the drilling revenue would reduce gate fees which could lead to cheaper flights. pan tone which -- named emerald as 2013's color of the year. the time has come, and that's today's speed read. liz: emerald green. the parent company of the toronto stock exchange is joining forces with the maple group in a move that is...
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matt smith is commodities analyst at summit energy services. thanks for joining us. dive into the issue of leadership first. he has been the secretary-general for about six years. now he is stepping down. how important is who replaces him? >> well, it's very important really. he has taken us through a very torrid time in the crude market and now, at a time when they're having this meeting when you would expect there would be all these different debates going on regarding supply, regarding price, the whole cartel is happy with supply and price. yet there is the huge concern with the leadership whether it will go to an iranian a iraqi or a saudi. this is a huge concern especially at a period when we're entering where we will need cuts probably next year by opec. melissa: yeah. i mean there's a lot of focus on this. at the same time anytime i've been at a meeting most of the meeting happens away from the meeting. they all meet late into the night at each other's hotels trying to hash out what's going to be said. does saudi arabia in your mind, minister al-naimi, still c
matt smith is commodities analyst at summit energy services. thanks for joining us. dive into the issue of leadership first. he has been the secretary-general for about six years. now he is stepping down. how important is who replaces him? >> well, it's very important really. he has taken us through a very torrid time in the crude market and now, at a time when they're having this meeting when you would expect there would be all these different debates going on regarding supply, regarding...